SSE targets FY30 adjusted EPS CAGR of 10%-13%

• SSE set out a ~£33 billion net capex plan to 2030, split 80% Networks, 20% Renewables and Flexibility.
• Guidance targets adjusted EPS of 225-250p by FY30, implying a 10-13% adjusted EPS CAGR from FY26 to FY30.
• Dividend per share growth forecast at 5-10% a year from an unaltered 64.2p FY25 baseline through FY30.
• SSEN Transmission investment totals ~£22 billion net, ~£29 billion gross, supporting regulated asset value growth to ~£30 billion by 2030.
• RIIO-T3 framework points to a pathway to return on regulated equity above 9%, supported by 5.70% real cost of equity.

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